It's Time to Go get PAID in West Philly

Thursday, 11 November 2010
Marcel Umphery

Hey Flop 2 Flipper's,

After about 14 days 15 to 20 cash buyer signs later, about sixty cold calls I was able to find a cash buyer by partnering up with another wholesaler in the area. After getting an investor friendly title company referral from a seasoned investor in the area and joint venturing with a well known house flipper in Philadelphia we were able to close this deal profiting $6,000.

Take a trip up the I-95 with me and Jamaal Jackson of Good Time Home Buyers and meet Bill Jurr the wholesaler I partnered up with and Karen Matz of Matz Land Transfer. Check out the videos below:

Why you need to use Option Contracts

Wednesday, 10 November 2010
Marcel Umphery

Option contracts are one of the best ways to make money in real estate with little or no money down. A real estate option contract is defined as an agreement between a seller and a potential buyer of real property that allows the potential buyer the right to buy at a specific price within a specific amount of time. Typically a deposit or option fee is

Learn some of my Wholesaling Secrets

Monday, 08 November 2010
Marcel Umphery

Here’s Something 95% of Your Competition DOESN’T KNOW.

You’re flipping motivated sellers, not houses

Sellers that are not motivated will not provide any profit margin for you. You need to find motivated sellers to buy from and reliable buyers to sell to. The places to find these include properties involved in estate sales, people

Late Night Wholesaling Day 5 in Philly UPDATE

Sunday, 07 November 2010
Marcel Umphery

What's going on Flop 2 Flippers?

I wanted to give you an update on the West Philadelphia deal and how it's playing out. I am actually in negotiations with a cash buyer who took a look at the property. I actually decided to beef up my marketing to get some more traffic to the property. I know for a fact I won't have this property sold in seven days I'm going to ask the seller for an extension wish me luck. Check out the video below: